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Lexington 02420 Pheasant Brook Estates
40 Solomon Pierce Road
$1,645,000
● House - Off Market

40 Solomon Pierce Road

Lexington, MA 02420
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,026 Ft²
$2,810,388
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Handsome, sparkling 5,000+sf Tudor-style home in Pheasantbrook Estates!  Beautifully sited in top neighborhood with private, nearly 1-acre stunning grounds.  Spacious, granite Eat-in Kitchen offers enormous cook's island, all Bosch stainless appliances and sliders to  two-tiered Deck.  All day sun streams through the cathedral Family Room, wide open spaces, and abundant windows.  Front-to-back Master Bedroom and Sitting area and three additional spacious Bedrooms on the second floor.  With lower level Game Room, Office, and Bath, you'll find flexibility on every level.  With 3-car Garage and beautiful updates throughout, this home offers it all!
Unit Size
5,026 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$334
Property Type
House
Property Taxes
$1,847
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71996257)

Price History

Date / Event Date Event Price
Jun 14, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Coldwell Banker Residential Brokerage - Lexington $1,680,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Nov 9, 2012 Sold
Premium
Sold
May 17, 2012 Listed by Coldwell Banker Residential Brokerage - Lexington $1,379,000
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,251
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,098
  • Total Building Area: 4,230
  • Gross Building Area: 7,903
  • Building Area: 4,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,230
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000829
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0047 L:000167
  • Lot: 167
  • Municipality: LEXINGTON
  • Latitude: 42.4449
  • Longitude: -71.21

    Address

  • Full Address: 40 Solomon Pierce Rd
  • Address - House Number: 40
  • Address - Street Name: Solomon Pierce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C024
  • 4-Digit Zip Code: 2533
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,601,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,669,487
  • High Value: 3,143,408
  • Low Value: 2,195,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,001,000
  • Assessed Land Value: $837,000
  • Assessed Improvements Value: $1,164,000

    Sales

  • Current Sale Recording Date: Jun 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95058
  • Previous Sale Recording Date: Nov 09, 2012
  • Previous Sale Amount: $1,348,800
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pheasant Brook Estates

Stats & Trends

Median Asking:

$1,995,000

Sale Price/ft²

$440

Below Asking

0.09%

Average Days on Market

66

Average Home Size

6796 ft²

Average Home Age

32.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71996257

Frequently Asked Questions

When was property at 40 Solomon Pierce Road built and last sold?
The property at 40 Solomon Pierce Road was built in 1986 and last sold on Jan 1, 1970 for $1,645,000.
How much is this home worth?
The estimated value of the home located at 40 Solomon Pierce Road is $1,741,273.
What are some comparable homes to 40 Solomon Pierce Road?
There are currently no comparable homes to 40 Solomon Pierce Road.
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